Chatham Capital Group Inc. Sells 3,600 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Chatham Capital Group Inc. lowered its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 2.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 125,532 shares of the company’s stock after selling 3,600 shares during the quarter. iShares Floating Rate Bond ETF accounts for 1.1% of Chatham Capital Group Inc.’s investment portfolio, making the stock its 27th largest holding. Chatham Capital Group Inc. owned 0.09% of iShares Floating Rate Bond ETF worth $6,387,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of FLOT. Logan Capital Management Inc. purchased a new position in shares of iShares Floating Rate Bond ETF during the 3rd quarter valued at $25,000. Darwin Wealth Management LLC purchased a new position in shares of iShares Floating Rate Bond ETF during the 3rd quarter valued at $27,000. Boyd Watterson Asset Management LLC OH lifted its position in shares of iShares Floating Rate Bond ETF by 227.5% during the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 1,392 shares of the company’s stock valued at $71,000 after buying an additional 967 shares during the last quarter. MidAtlantic Capital Management Inc. purchased a new position in shares of iShares Floating Rate Bond ETF during the 4th quarter valued at $100,000. Finally, Marshall Investment Management LLC purchased a new position in shares of iShares Floating Rate Bond ETF during the 4th quarter valued at $117,000.

iShares Floating Rate Bond ETF Stock Down 0.1 %

Shares of BATS FLOT opened at $50.91 on Friday. iShares Floating Rate Bond ETF has a one year low of $50.76 and a one year high of $51.10. The business’s fifty day moving average price is $50.98 and its 200-day moving average price is $50.96.

iShares Floating Rate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a dividend of $0.1912 per share. The ex-dividend date was Monday, March 3rd.

About iShares Floating Rate Bond ETF

The iShares Floating Rate Bond ETF (FLOT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of USD-denominated, investment-grade floating rate notes with maturities of 0-5 years. FLOT was launched on Jun 14, 2011 and is managed by BlackRock.